Stanbik Agro appoints Anil Vijayvargia as independent director for five-year term
- Shareholders approved all four resolutions at the fifth AGM on September 15, 2026
- Anil Kumar Vijayvargia appointed as independent director for a five-year term
- His tenure is effective from May 22, 2026, to May 21, 2031
- Total shares polled were 9,230,847, representing 100% of eligible votes
- Ashokbhai Dhanajibhai Prajapati re-appointed as director retiring by rotation
*this image is generated using AI for illustrative purposes only.
Stanbik Agro shareholders approved all four resolutions at its fifth annual general meeting held on September 15, 2026. The key outcome was the appointment of Anil Kumar Vijayvargia as an independent non-executive director for a consecutive term of five years, effective from May 22, 2026, until May 21, 2031.
The company reported that all resolutions were passed with the requisite majority under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Monika Gaurav Gupta of Monika Chechani & Associates served as the scrutinizer for the remote e-voting and electronic voting process.
Voting Participation
As on the record date of September 8, 2026, the company had 390 shareholders. While no members attended in person or through proxy, seven shareholders participated via video conferencing. This included two promoter group members and five public shareholders.
| Shareholder Category | Attendance Mode | Count |
|---|---|---|
| Promoter Group | Video Conferencing | 2 |
| Public | Video Conferencing | 5 |
| Total | All Modes | 7 |
Key Resolutions Passed
Shareholders voted overwhelmingly in favor of all agenda items, with zero votes cast against any resolution. The total shares polled amounted to 9,230,847, representing 100% of the outstanding shares eligible to vote.
The ordinary resolutions included:
- Adoption of financial statements for the year ended March 31, 2026, along with the director's and auditor's reports.
- Re-appointment of Ashokbhai Dhanajibhai Prajapati as a director retiring by rotation.
- Appointment of secretarial auditors and fixation of their remuneration.
The special resolution appointed Anil Kumar Vijayvargia (DIN: 10121143) as an independent non-executive director. He is not debarred from holding office by virtue of any SEBI order or other authority. The promoters confirmed they had no interest in any of the agenda items.
New Director Profile
Anil Kumar Vijayvargia brings over eight years of experience in legal, accounting, and tax consultancy services. He is the Sole Proprietor of M/s. Anil K Vijayvargiya & Associates. Academically, he holds a Bachelor's degree in Commerce from Mohanlal Sukhadia University, Udaipur. He is an Associate Member of the Institute of Company Secretaries of India (ICSI) with a valid Certificate of Practice and has cleared the Professional Competence Examination held by the Institute of Chartered Accountants of India (ICAI).
His prior roles include Senior Accountant at M/s. Rakesh K Mehta & Associates, Chartered Accountants, and Senior Accounts Executive at Anand Finserv Private Limited. He currently holds nil shareholding in Stanbik Agro and has no pecuniary relationship with the company.
Historical Stock Returns for Stanbik Agro
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | -27.27% | -27.99% | -27.99% |
How might Anil Kumar Vijayvargia's expertise in legal and tax consultancy influence Stanbik Agro's compliance strategy and risk management in the coming five years?
Given the 100% voting participation rate despite low physical attendance, what does this indicate about the engagement level of Stanbik Agro's dispersed shareholder base?
What specific strategic initiatives or governance improvements is the newly appointed independent director expected to drive during his tenure until 2031?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
